Software Circle's market value is the price at which a share of Software Circle trades on a public exchange. It measures the collective expectations of Software Circle plc investors about its performance. Software Circle is trading at 23.50 as of the 8th of January 2025, a 0.43 percent increase since the beginning of the trading day. The stock's lowest day price was 23.5. With this module, you can estimate the performance of a buy and hold strategy of Software Circle plc and determine expected loss or profit from investing in Software Circle over a given investment horizon. Check out Software Circle Correlation, Software Circle Volatility and Software Circle Alpha and Beta module to complement your research on Software Circle.
Please note, there is a significant difference between Software Circle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Software Circle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Software Circle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Software Circle 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Software Circle's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Software Circle.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Software Circle on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Software Circle plc or generate 0.0% return on investment in Software Circle over 30 days. Software Circle is related to or competes with United Utilities, URU Metals, Vienna Insurance, Future Metals, Europa Metals, Martin Marietta, and Gaztransport. Software Circle is entity of United Kingdom More
Software Circle Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Software Circle's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Software Circle plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Software Circle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Software Circle's standard deviation. In reality, there are many statistical measures that can use Software Circle historical prices to predict the future Software Circle's volatility.
At this point, Software Circle is very steady. Software Circle plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0756, which indicates the firm had a 0.0756% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Software Circle plc, which you can use to evaluate the volatility of the company. Please validate Software Circle's Risk Adjusted Performance of 0.0637, semi deviation of 0.9159, and Coefficient Of Variation of 1363.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Software Circle has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Software Circle are expected to decrease at a much lower rate. During the bear market, Software Circle is likely to outperform the market. Software Circle plc right now has a risk of 1.57%. Please validate Software Circle jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Software Circle will be following its existing price patterns.
Auto-correlation
-92,233,720,368,547,760
Near perfect reversele predictability
Software Circle plc has near perfect reversele predictability. Overlapping area represents the amount of predictability between Software Circle time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Software Circle plc price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Software Circle price fluctuation can be explain by its past prices.
Correlation Coefficient
-92233.7 T
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.06
Software Circle plc lagged returns against current returns
Autocorrelation, which is Software Circle stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Software Circle's stock expected returns. We can calculate the autocorrelation of Software Circle returns to help us make a trade decision. For example, suppose you find that Software Circle has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Software Circle regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Software Circle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Software Circle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Software Circle stock over time.
Current vs Lagged Prices
Timeline
Software Circle Lagged Returns
When evaluating Software Circle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Software Circle stock have on its future price. Software Circle autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Software Circle autocorrelation shows the relationship between Software Circle stock current value and its past values and can show if there is a momentum factor associated with investing in Software Circle plc.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Software Circle financial ratios help investors to determine whether Software Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Software with respect to the benefits of owning Software Circle security.